Auriga Reiterates Buy Rating and $25 PT on Dell

Auriga has published a research report on Dell Inc DELL reiterating the price target and rating. In the report, Auriga wrote, "Consistent with our investment thesis, Dell reported upside to EPS despite soft revenue in its F2Q12. The company is also effectively raising its full year EPS guidance despite a macro related revenue guidance reduction. We continue to believe Dell can grow its top-line roughly in-line with overall IT spending as it transforms itself into a full service enterprise vendor over the next several years." Auriga rated Dell a Buy with a price target reiterated at $25.00. Dell closed Tuesday at $15.80.